The Ghana Gold Board (GoldBod) will introduce an Artisanal and Small-scale Mining Formalisation and Financing Support Programme in 2027 to improve productivity, create jobs and reduce the environmental impact of mining.
Chief Executive Officer Sammy Gyamfi said the programme would be implemented in collaboration with the Ministry of Lands and Natural Resources and the University of Mines and Technology, with technical support from South Africa’s Rand Refinery.
The initiative is expected to support the formalisation of mining operations, increase gold recovery and reduce operating costs.
Addressing the African Minerals Policy Forum – Mining in Motion 2026, Mr Gyamfi said regulation must be accompanied by practical support that enables miners to operate legally and sustainably.
He argued that properly organised small-scale mining could improve livelihoods, strengthen local economies, generate foreign exchange and expand indigenous businesses.
“Reform will endure only when compliance becomes a pathway to opportunity rather than hardships,” he said.
Mr Gyamfi added that, with proper formalisation and financing support, artisanal and small-scale mining could “support livelihoods, generate foreign exchange, strengthen reserves and local economies, grow indigenous enterprise and advance national development sustainably.”